[Hiring] Workout Officer II @Citizens Bank

Role Description

The CRM C&I Workout Officer II delivers proactive management of a substandard portfolio of 10 to 15 C&I loans to minimize credit losses, ensure return matches risk and, where possible, return customers to a satisfactory rating. Our group is focused on a rescue culture to retain as many clients as possible. If you enjoy coming up with innovative solutions to complex problems in a high-paced environment, this may be a great opportunity for you!

The portfolio will be a mix of large and complex bi-lateral and syndicated loans with individual Citizens Bank exposure averaging $15MM+. The C&I Workout Officer II role includes:

• Working alongside a team leader to devise strategies.
• Negotiating and structuring transactions.
• Obtaining credit approval and documenting accordingly.
• Conducting financial analysis and enterprise value assessment.
• Analyzing market dynamics.
• Maintaining all required internal and external reporting.

Location flexible for the right applicant.

Qualifications

• 5+ years of Commercial Banking Experience in a C&I environment.
• 5+ years experience in loan documentation and relevant Uniform Code and Bankruptcy considerations.
• Adaptability to a high-paced and challenging work environment.
• Highly developed at persuasively presenting the Bank’s thoughts and position to gain consensus and execute proposed solutions to remedy substandard and non-performing credits.
• Excellent math and analytical skills.
• Excellent communication skills both oral and written.
• Excellent time management skills.
• Bachelor’s degree required.

Requirements

• Hours per Week: 40
• Work Schedule: Monday-Friday

Benefits

• Competitive pay.
• Comprehensive medical, dental, and vision coverage.
• Retirement benefits.
• Maternity/paternity leave.
• Flexible work arrangements.
• Education reimbursement.
• Wellness programs.
• Paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States.

For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .